The Dala Group, LLC (Hoffman Estates)

Name: The Dala Group, LLC
Address: 2815 Forbs Ave, Suite 107, Hoffman Estates, IL, 60192
Telephone: (224) 600-2372

The Dala Group, LLC is an adviser based in Hoffman Estates. It manages $24.55 million of regulatory assets for 261 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Illinois and Texas.

The Dala Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Dala Group: assets under management

The assets under management (AUM) of The Dala Group, LLC is $24.55 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $22.49 million in discretionary accounts and $2.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.03 million.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 46% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Dala Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Dala Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of The Dala Group is individuals with 95 clients and $19.5 million of assets under management. Among the 0 most similar advisory firms, The Dala Group has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $24.55 million for 100 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

The Dala Group doesn't advise any private funds.

Careers at The Dala Group, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael David Heatwole	Managing member & chief compliance officer	1 Mar 2018	75% - 100%	6120770

Based in Hoffman Estates

The principal office where The Dala Group, LLC performs its advisory services is located at 2815 Forbs Ave, Suite 107, Hoffman Estates, IL 60192, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (224) 600-2372. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at thedalagroup.com.